VEFA definition

VEFA means the notarial deed comprising the Future Sale (Vente en état futur d’achèvement) provided for in the Sales Agreement (Protocole de Vente).
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Examples of VEFA in a sentence

  • This project is part of a real estate financing in which the LESSEE will be the tenant of a building developed by CIRMAD as developer, and sold in a future state of construction (VEFA) to a special-purpose vehicle, the civil real estate company Savine 3 A (hereinafter the "Buyer"), the shareholders of which are Crédit Agricole Champagne-Bourgogne, the Caisse des Dépôts et consignations, and the Caisse d’Epargne ▇▇▇▇▇▇▇▇ - Champagne-Ardenne.